Vinpearl starts construction of $1.68 bln urban-tourism complex in central Vietnam

Vinpearl JSC, a subsidiary of Vietnam's leading conglomerate Vingroup, started construction of its 512.2-hectare Lang Van Resort Urban and Tourism Complex project in Danang city on Sunday.

The groundbreaking ceremony for the VND44,000 billion ($1.68 billion) project in Lien Chieu district saw the attendance of Permanent Deputy Prime Minister Nguyen Hoa Binh.

A special feature of Lang Van is its "leaning against the mountain and facing the sea" location right at the foot of Hai Van Pass, possessing pristine beauty, fine white sand, clear sea water, and majestic cliffs.

This is an ideal condition to create a high-class resort space and a unique living experience in the middle of the mountains and rivers of central Vietnam.

The project also has a strategic location as it is only about 20 minutes from the city center, with easy access to Da Nang International Airport and connection with famous landmarks on the central heritage route, such as Son Tra Peninsula, the ancient town of Hoi An, and the Imperial City of Hue.

Lang Van Urban Resort and Tourism Complex is designed according to an international standard "resort city" model, with low accommodation density.

The project is planned to be a multi-functional complex, with full facilities from resorts (hotels, resorts, villas), accommodation (apartments), entertainment (theme parks), cuisine, commerce to education, and healthcare, creating a harmonious living space between people, the nature and technology.

Le Trung Chinh, Chairman of the Danang People's Committee, said that the city highly appreciates the strategic vision, pioneering spirit, and strong determination of Vingroup, especially Vinpearl when choosing Danang to develop such a large-scale project.

According to Chinh, this project will open up great job opportunities, contribute to increasing budget revenue, attracting tourism, and raising the brand of Danang tourism on the international map.

"It will also be an important nucleus in the urban development strategy in the Northwest - an area with much potential but in dire need of strategic boosts," he added.

Nguyen Viet Quang, vice chairman cum general director of Vingroup, said he believes that developing the Lang Van Urban Resort and Tourism Complex is not simply about building a resort destination, but also about creating a new symbol - a place where people live in harmony with the nature in a modern and sustainable environment.

The project will be systematically planned according to a multi-functional model, with reasonable construction density. It prioritizes the preservation of natural landscapes, honoring indigenous beauty, and creating an ideal, classy living space.

When completed, this will be a "resort paradise" and a true place to live for residents and visitors, according to the investor.

The first components of the complex are scheduled to be completed and put into operation from 2027, contributing to activating the economic potential of the region and opening up strong resort tourism, trade, logistics and investment activities.